General
Chinese developer Chambroad granted extra two years to start project at Kangaroo Bay on Hobart’s eastern shore

A Hobart council has granted a Chinese company behind a controversial $80 million waterfront development on the city’s eastern shore an extra two years to start the project.
At a meeting on Monday night, the Clarence Council voted seven-to-five to give developer Chambroad the additional time to start work on its proposal for a tourism and hospitality training school at Kangaroo Bay.
In a tied vote in October, the council blocked the company’s request to have more time to start construction on the project.
Mayor Doug Chipman said legal advice received late last week found that decision was in breach of contract.
“Unless we rectified the situation quickly, we were vulnerable to considerable damages claims,” Mr Chipman said.
Chambroad has…
-
Noosa News17 hours ago
Tammy Hembrow’s half-brother walks free after choking and stalking ex-girlfriend
-
Business17 hours ago
Guess which ASX 300 stock was downgraded to sell today
-
Noosa News22 hours ago
Police hunt two after baby girl sprayed with stolen fire extinguisher in Sippy Downs
-
Business18 hours ago
How to start investing in ASX shares with just $1,000